Netmore Group AB (publ) focuses even more on Smart Cities and the entire community

During 2018 and 2019, Netmore quickly established itself as a leading supplier in Sweden of LoRaWAN-based IoT networks, to Swedish municipalities and private companies. Over 50 municipalities have already established networks to meet the demands of society, residents and local industries on data collection for measurement and control of energy, waste management, indoor / outdoor climate, water etc. To meet the demands of the market and continue the rollout of IoT networks, Netmore is now establishing a more focused unit dedicated to the Connected Cities area.

“We see continued interest from many municipalities to join and we will continue our focus on using LoRaWAN together with complementary access technologies to meet the demands of a smarter and more environmentally efficient society. Fredrik Skoglund has built up this success for about 3 years and is now taking the lead in continuing the acceleration. We currently have many large projects with municipalities and other customers that will be developed in 2020.” -Erik Hallberg, CEO Netmore Group AB.

“Interest in LoRaWAN continues to be high and we do not see any tendencies for it to decrease, rather the opposite. More and more municipalities are now choosing to build their own IoT networks for the creation of the smart community. Netmore will be a given partner for this development and I look forward to continuing to be responsible for the area, Connected Cities. Our supplier ecosystem simplifies this expansion and is one of the reasons why we are a market leader.” -Fredrik Skoglund, Head of Connected Cities, Netmore Group AB.

Netmore’s Connected City & Industry business area will thus be two separate business areas to give the customer an even more focused and efficient way forward. As previously announced, Henrik Sund will be responsible for the Connected Industry and Fredrik Skoglund will continue within Connected City with a focus on LoRaWAN and supplementary technologies for cities.

For more information,

Erik Hallberg, erik.hallberg@netmoregroup.com

Fredrik Skoglund, fredrik.skoglund@netmoregroup.com

Netmore Group AB is an IoT operator that develops a comprehensive solution for cities, industries, properties and homes. Together with our partners we build a safe and sustainable ecosystem for Internet of Things, locally, nationally and global. Netmore Group was formed in 2010 and since 2017 listed on the Nasdaq First North Growth Market.

G&W Fondkommission is the Company’s Certified Adviser regarding the listing at Nasdaq First North Growth Market.

Tel: 08-503 000 50, e-mail: ca@gwkapital.se